Tennessee · National Council on Compensation

Livery Service workers comp rate in Tennessee

The filed workers comp rate for class code 7405 N (Livery Service) in Tennessee is $0.170 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $850 in base premium.

Rate per $100 $0.170
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 6%
Confidence HIGH

FAQ

What is the workers comp rate for code 7405 N in Tennessee?

The filed workers comp loss cost / rate for NCCI class code 7405 N (Livery Service) in Tennessee is $0.170 per $100 of payroll, effective 2024-03-01.

How much would I pay in Tennessee for code 7405 N on $500,000 of payroll?

At $0.170 per $100, $500,000 of payroll yields a base premium of $850 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.

Where else can I see code 7405 N?

TN has the cheapest filed rate for code 7405 N ($0.170) and HI the highest ($1.49). Tennessee sits at the 6th percentile across 17 peer states.